Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.
ENGIE and Fenix have announced a transaction in which Engie will acquire 100% of Fenix International, an energy generation company offering Solar Home Systems (SHS) in Africa.
Off-grid solar company M-KOPA Solar has secured US$80 million in committed debt financing, which will be used over the next three years to provide financing for pay-as-you-go PV projects in one million homes in Africa.
The Indian government caused quite the buzz last week when it announced the US$2.5 billion "Saubhagya" scheme to provide electricity access to all households by December 2018. 'Power For All' director William Brent discusses why distributed renewable energy solutions must not be overlooked.
Filipino president Rodrigo Duterte today inaugurated the Philippines first solar module manufacturing facility with an expanded capacity of 800MW at Santo Tomas, Batangas, owned by renewable energy firm Solar Philippines.
A nation made up of thousands of small islands should be a blessing to any off-grid renewable energy firm, but poor access to upfront financing makes Indonesia a tougher proposition than one would expect. To discuss the market, PV Tech caught up with Verania Andria, associate director, community renewable energy, Millennium Challenge Account Indonesia, which focuses on financing off-grid renewables in Indonesia with grant funding.
